Airlines are warning they may need bailouts as the virus outbreak brings more countries into lockdown, while central banks are injecting trillions of dollars more into the financial system to grease the gears of the global economy. Business confidence is ...

Tagged with: bailouts banks Central banks coronavirus bailouts coronavirus economic impact European Central Bank Federal Reserve

The European Central Bank joined the U.S Federal Reserve in making clear that more stimulus could be coming soon to support an economy weakening in the face of global trade tensions. The ECB left its key interest benchmarks unchanged at ...

Tagged with: European Central Bank global trade tensions President Mario Draghi U.S Federal Reserve

The European Central Bank stands ready to cut interest rates and could re-start its bond purchase stimulus program if needed to help the economy, President Mario Draghi said Tuesday. Investors read the comments as a clear step toward more stimulus ...

Tagged with: bond European Central Bank interest rates President Mario Draghi stimulus